TrueCar Inc expected to post a loss of 2  cents a share - Earnings Preview

TrueCar

18/02/2022 21:21

* TrueCar Inc  TRUE.OQ   TRUE.O  is expected to show a fall
in
quarterly revenue when it reports  results on February 22. 
    * The Santa Monica California-based  company is expected to
report
 a 13.8% decrease in revenue to $55.119 million from $63.96
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for TrueCar Inc is for
a loss
of 2 cents per share. For the same quarter last year, the
company reported a loss of 1 cent per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for TrueCar Inc
is
$6.38​, about 42.7% above​ its last closing price of $3.65. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  -0.04       -0.04      -0.02     Beat    49.2
 Jun. 30 2021  -0.03       -0.03      0.00      Beat    100
 Mar. 31 2021  -0.04       -0.05      -0.02     Beat    57​
 Dec. 31 2020  -0.04       -0.04      -0.01     Beat    76.7
 ​​Sep.        0.08        0.07       0.14      Beat    112.1
 30 2020                                                
 Jun. 30 2020  -0.07       -0.07      0.04      Beat    157.6​
 Mar. 31 2020  -0.02       -0.03      0.04      Beat    259.5
 Dec. 31 2019  -0.04       -0.04      -0.01     Beat    73.4
 This summary was machine generated February 18 at 21:20 GMT. 
All figures in US dollars  unless otherwise stated